Machi Big Brother Expands 25x Leveraged Ethereum Long to $17.4 Million

HyperInsight said Machi Big Brother is holding an ETH long position worth $19.9 million, up from the previously reported $17.81 million exposure. The position shows about $140,000 in unrealized profit after a $1.17 million deposit, while the account reportedly has about $1.24 million in actual funds after being heavily liquidated on March 26. HyperInsight said the liquidation price is now $2,022, and sell orders worth about $2.97 million have been placed between $2,119 and $2,200.

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